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Overview
The roofing tiles market outlook appears promising mainly due to the continually growing energy demand worldwide. Additionally, the rise in solar panel installations in commercial, industrial, and residential applications impacts the market growth positively. The growing government initiatives for infrastructure development benefit the roofing tiles market growth.
Also, the rapid uptake of cooling roofing tiles in residential set-ups and commercial and industrial sectors fosters the market demand. Conversely, some roofing tile materials cannot withstand heavy loads and get damaged by sharp objects. Also, extreme temperatures can easily damage them fading away their original colors. Simultaneously, the lack of awareness about emerging trends in roofing hampers the growth of the market.